Crawford Corporation incurred the following transactions.
1. Purchased raw materials on account $53,000.
2. Raw Materials of $36,100 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $7,400 was classified as indirect materials.
3. Factory labor costs incurred were $61,300, of which $51,200 pertained to factory wages payable and $10,100 pertained to employer payroll taxes payable.
4. Time tickets indicated that $54,300 was direct labor and $7,000 was indirect labor.
5. Manufacturing overhead costs incurred on account were $82,000.
6. Depreciation on the company’s office building was $8,800.
7. Manufacturing overhead was applied at the rate of 160% of direct labor cost.
8. Goods costing $92,200 were completed and transferred to finished goods.
9. Finished goods costing $80,900 to manufacture were sold on account for $106,300.

Ricardo is sure he has what it takes to succeed in the food business, but because he lacks management experience, he wants one that will provide the most training and support. which of these possibilities would be his best choice? a. subway b. old macdonald's bed and breakfast c. fuzzy's tavern d. ricardo's café

Example1 lcnrv: ted company uses the lower of cost or nrv method in valuing its inventory items. the inventory at december 31, 2017, consists of products a, b and c, each having 1,000 units. relevant unit data for these products appear below: item a item b item c cost $ 80 $80 $80 estimated selling price 180 100 90 estimated selling cost 30 30 30 required: using the lower of cost or net realizable value rule, determine the proper value of inventory for balance sheet reporting purposes at december 31, 2017. prepare any necessary journal entry. apply the lower of cost or nrv method: • on an individual inventory basis; • on a group basis; • on a total inventory basis. solution worksheet: inventory (on an individual basis): inventory value item nrv cost lc- item a item b item c total inventory (on a group basis): inventory value item nrv cost lc- group 1 (item a and b) group 2 (item c) total inventory (on an aggregate inventory basis): inventory value item nrv cost lc- total inv

Which government action in 2009 meant that gray wolves would no longer receive complete protection